Investors Relieved by Fed Statement

Traders and investors are still happy that the Fed is likely to continue its bond-buying program. Tomi Kilgore puts the move into context. Photo: AP.

This transcript has been automatically generated and may not be 100% accurate.

... welcome back to this special coverage of the Fed's decision on interest rates and Munnetra policy no changes were not a quick look at the markets are now listed items industrial average ... to as a little bit of a relief ... bump Tom as the Fed made its announcement still barely changed ... up the point zero one percent ... the Nasdaq the tech heavy in an index of basically I'm not much change from before ... the announcements and the SB that about a foot of the sun Tomi Kilgore step ... to get is the reaction and bass this so thanks for joining us up and think you so wanting to invest in some ... we saw before the Fed we saw this stalks modestly up with pretty similar to what a on now and gold was down on what what you what are the people you it's looking to make the of this ... they're a little bit happy because the kind of ... crack open the door to me the Nazi premium ... in September is that the consensus is going to pick and stare in September focus of the fact that the change a line that tapering is that the DPP slowing ... down ... all the money printing program ... right and they change the language to modest growth from under it so maybe they cracked the door open a little bit at the insistence came back this this whole thing well that the market loves free money and the Fed printing money and continue with its zero interest policy ... that's free money it's like a big punch bowl everyone can stay from unhappy ... it's funny the more more more people certain say we just want to get these tired of the school that they've we hope the SEC to go away ... but did not to complain if they keep getting this free money so ... unit still going to be good for stocks so basically the the the idea that one accidents and in the market for buses is don't fight the Fed is right the streaming free money ... that will be good for stocks when they know it's better to have a stronger economy unless Fed but they're not can complain if the Fed keeps picking ... so what are some awesome when you have ... the money Tomi Kilgore with Krishna ...